NEWS

Puerto Rico Investment Summit set for Feb. 2016

After two successful events aimed at the U.S. market, and a first Latin American edition this year, organizers for the Puerto Rico Investment Summit announced Thursday that the 2016 edition will be held Feb. 11-12, at the Convention Center in San Juan.

This is the third consecutive event in the series, which held its first edition in 2014, in collaboration with investor John Paulson who, at the time, had just made important investments in the purchase of prime properties in the Island, including the St. Regis Bahia Beach Resort.

The two-day conference includes tax incentives for individuals and for exports services, with unmatched incentives in any state in the nation, plus other incentives in specific areas, including insurance, film and manufacturing, among others.

The 2-day program will present Acts 20 and 22 on tax incentives, new private equity laws, other incentives and competitive advantages, and insights on living in Puerto Rico. Among the benefits that Acts 20 and 22 provide is a 4 percent corporate for business in Puerto Rico exporting services and 100 percent tax exemption on capital gains from eligible services, respectively.

Adding to the experience of the conferences, organizers include first class social events ideal for networking among attendees and top local executives.

The Puerto Rico Investment Summit is a private event owned and managed by Adworks Corp. in Puerto Rico, in collaboration with the Department of Economic Development and Commerce.

The 2016 Puerto Rico Investment Summit is ready to host more than 500 stateside investors, tax lawyers and entrepreneurs that will learn, first hand, about all the competitive advantages that the island has to offer, organizers said.